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New York needs more millionaires — or it could lose billions in tax revenue, fiscal watchdog says
New York’s share of millionaires plunged 31% over the last decade, dropping from 12.7% in 2010 to 8.7% in 2022, according to Citizens Budget Commission.
Mayoral hopeful Zohran Mamdani’s plans to tax the rich just got a lot less workable: A report by a top budget watchdog shows ...
Residential status plays a crucial role in taxation and foreign exchange regulations. Today's Ask Wallet Query decodes that the criteria under the Income Tax Act and Foreign Exchange Management Act ...
Landlords will be alarmed by reports the Government is considering unleashing yet another tax raid upon them by imposing ...
Eight Chinese nationals charged in the case have failed to appear in court, and bench warrants have been issued for their ...
This is absolutely not what the nonprofit tax exemption was meant for,” said Jennifer Mosley, a University of Chicago ...
The EV tax credit is slated to end at the end of September. Here's how to take advantage of the generous tax break before ...
An analysis of real estate data by ABC Owned Television Stations shows that homeowners in majority-nonwhite neighborhoods ...
Former Senator representing Kogi West, Dino Melaye, has been summoned to court over alleged failure to pay his mandatory ...
A Maryland nonprofit facing a series of transparency concerns was chosen by the Baltimore City government in 2021 to help ...
The government introduced a new scheme in 2022 which permitted all taxpayers to file an updated return within 24 months from the end of the relevant assessment year. This was later extended to 48 mont ...
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